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Board approves carryover of FY2025 school deficits and surpluses; three-year payback requirement for schools in deficit
6438318 · October 22, 2025
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Summary
The board authorized schools to carry over FY2025 deficits and surpluses into FY2026 with a $5,000 cap for non-charter schools and directed deficit schools to repay amounts within three years.
The committee approved administration's request to carry over school-level deficits and surpluses from fiscal year 2025 into fiscal year 2026 and required that schools with FY2025 deficits repay those amounts within three years.
Superintendent Brenda Cassellius and Nick Sinram, director of financial planning and budget services,…
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